Virtus

After a remarkable 41-year career in insurance, including 25 years with Kemmons Wilson Insurance Group (now part of Virtus), our esteemed partner, Cindy Klatt, is retiring. Read the full announcement here: https://lnkd.in/gwCdWYk9 #EmployeeAppreciation, #TeamRecognition, #YouRock, #TeamworkMakesTheDreamWork, #GratefulForYou, #InGoodCompany, #YouNailedIt, #Thanks, #TeamGoals #retirement Cindy H. Klatt, CIC, CRM, CWCA

As the holiday season approaches, cold weather becomes a significant concern for the hospitality industry, particularly for hotels, resorts, and restaurants in regions prone to freezing conditions, including places like Texas, which has experienced substantial freeze claims. Slip, trip, and fall incidents due to snow and ice are common, posing risks to both staff and guests. To mitigate these potential losses, it’s essential to have external contracts in place for snow and ice remediation and to ensure these measures are shored up well in advance. Beyond personal injury risks, the threat of freezing pipes or other weather-related property damage is also a major concern. Hotels and resorts, especially those with high vacancy rates, need to implement proactive measures to prevent such losses. This includes regular inspections of unoccupied rooms or areas, documentation of these checks, and a clear action plan to address any vulnerabilities. Working closely with the Kemmons Wilson Hospitality Practice at Virtus can help you establish a comprehensive loss prevention strategy, ensuring that any foreseeable damage is mitigated, and costly claims are avoided so you can focus on what matters most this holiday season: the guest experience. #hospitality #personalinjury #propertydamage #insurance

Middle market deal activity has shown remarkable resilience, with a significant rebound observed in 2023 and 2024. This uptick can be attributed to a convergence of factors: sellers who had been holding off are now eager to sell, and there’s an abundance of capital ("dry powder") in private equity seeking investment opportunities. This has led to increased deal volume, especially in the middle market, where many businesses are still founder-owned. These companies often find themselves at a pivotal moment, seeking institutional capital for the first time as founders look to monetize the businesses they've built over years or even decades. #middlemarketdeals #midmarketMandA #corporatefinance #mergersandacquisitions #privateequity #investmentbanking #dealflow #businessacquisition #growthstrategy #strategicalliances #exitstrategy #MandAadvisor #transactional #smallbusinessdeals #midsizebusiness

What an incredible day last week at the Virtus Open House! 🎉 We had an amazing turnout filled with putt-putt fun, networking, and most importantly, a shared passion for supporting our community. We are thrilled to announce that, thanks to the overwhelming support of our attendees and sponsors, we raised $25,000 for the Rose Brooks Center Inc.! 🌹 ✨ The funds will go a long way in helping provide safety and support for those in need. Our private auction was a highlight of the day, with participants enthusiastically bidding on exclusive items, making it a huge success! We couldn't be more grateful for the generosity and spirit of everyone who joined us. A huge thank you to all who attended, our amazing team, and our dedicated sponsors who made this event possible. We’re proud to have such a supportive community around us, and we can’t wait to continue working together to make a positive impact. 🙏 Looking forward to more moments like this! 💙 #EventRecap #CommunitySupport #CharitableGiving #Networking #VirtusEvents RT Specialty Amwins IPFS Cigna Healthcare Ansel Health Aetna, a CVS Health Company Waypoint Mutual Travelers Jencap Arch Insurance Group Inc. UnitedHealthcare intellicents

We believe that leadership is more than just strategy—it’s about building a culture where self-starters and entrepreneurs thrive. Our recent quarterly leadership strategy session took an exciting turn as we hit the CSU football field, bringing the same energy and drive we put into our work onto the field. This hands-on approach reflects our commitment to growth, teamwork, and a fearless pursuit of a "Better Tomorrow," both in business and beyond. It’s these moments that strengthen our core values and remind us why we’re so passionate about cultivating a dynamic company culture. #Culture #EntrepreneurialSpirit #LeadershipInAction

It’s auction time! Look forward to seeing everyone at our Open House soon ⛳️✨ cc Rose Brooks Center Inc.

Thank you, Virtus. The kindness of you and your networks today at your putt-putt and networking event was nothing short of remarkable. Please know that you have made a difference in the lives of survivors of domestic violence. You have given the gift of safety... and what a difference safety makes for those we serve! We thank you. . Lisa Fleming, Rose Brooks Center's CEO shared a few words about the impact of your kindness and was able to receive your gift on Rose Brooks Center's behalf. . #Survivors of #DomesticViolence #Kindness #SafeFutures #WhatADifferenceSafetyMakes

As we transition from the summer travel season into the planning phase for 2025, it's critical for businesses to prepare for their total cost of risk. At this time, our focus is not solely on premium spend but on the broader spectrum of risk management, ensuring that clients have a holistic view of their financial exposure. Understanding the total cost of risk, including premiums, workers' compensation, payroll exposures, and ownership liabilities, helps businesses strategically navigate the upcoming year. This approach ensures that insurance serves as a tool for success, rather than a hindrance, in managing risk and operational costs. Given the constant changes in the industry, particularly with legislative shifts, we are closely monitoring how these changes will impact both employee costs and liability exposures. In the property insurance marketplace, we’re seeing stabilization after years of continuous rate increases. While rates aren't softening, the market has gained a level of efficiency, potentially leading to better pricing opportunities. Our goal remains to pull every lever available to optimize cost savings, ensuring that clients are armed with all necessary insights to stay ahead of market shifts and maximize value. #insurance #riskmanagement #hospitality

Our Open House is THIS Wednesday! ⛳ Join us for an afternoon of putt-putt and networking while we raise money for the amazing Rose Brooks Center Inc. ... all before it's time to cheer on our boys in blue 💙 12:30-4:30 p.m. at Craft Putt in Overland Park; RSVP and view event details here: https://lnkd.in/gfaXMGqY We'll see you there! #networking #fundraising

Say "Hello!" and come meet our Kemmons Wilson Hospitality Team at The Lodging Conference !